Luceco (LON:LUCE) Raised to Buy at Peel Hunt
Peel Hunt upgraded shares of Luceco (LON:LUCE) to a buy rating in a research note released on Monday morning, Stock Target Advisor reports.
Separately, Liberum Capital restated a buy rating on shares of Luceco in a report on Friday, December 6th.
Shares of Luceco stock opened at GBX 142 ($1.87) on Monday. The firm has a market cap of $228.34 million and a price-to-earnings ratio of 22.90. The company has a debt-to-equity ratio of 99.76, a current ratio of 1.90 and a quick ratio of 1.09. Luceco has a 52-week low of GBX 33.75 ($0.44) and a 52-week high of GBX 134.40 ($1.77). The stock has a 50-day simple moving average of GBX 121.20 and a 200-day simple moving average of GBX 102.83.
Luceco plc manufactures and distributes various light emitting diode (LED) lighting products and wiring accessories in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It operates through four segments: Wiring Accessories, Portable Power, LED Lighting, and Ross and Other.
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